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TOTAL LOCAL D. LOCAL CONTRIBUTION CALCULATION - MILL RATE EXPECTATION ALLOCATION CONTRIBUTION 48 TOTAL COMBINED ALLOCATIONS (LINE 40 PLUS LINE 47) 5,788,991.63 2006 STATE MILL LOCAL TOTAL VALUATION X EXPECTATION = CONTRIBUTION OR ALLOCATION 211,500,000 7.44 1,573,560.00 5,788,991.63 1,573,560.00 Page 3 Lines 48 D. Local Contribution Calculation Local Contribution to the Total EPS Allocation Local contribution to the total EPS allocation is determined by multiplying the municipality's state certified valuation by the annually defined mill rate expectation (7.44 for FY2008) but can not exceed the total EPS allocation. 211,500,000 X.00744 = $1,573,560 Local Contribution to the Total EPS Allocation Local contribution to the total EPS allocation is determined by multiplying the municipality's state certified valuation by the annually defined mill rate expectation (7.44 for FY2008) but can not exceed the total EPS allocation. 211,500,000 X.00744 = $1,573,560

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TOTAL LOCAL STATE E. TOTALS AND ADJUSTMENTS ALLOCATION CONTRIBUTION CONTRIBUTION 49 ADJUSTED ALLOCATION, LOCAL & STATE CONTRIBUTION 5,788,991.63 1,573,560 4,215,431.63 Page 4 Lines 49 E. TOTALS AND ADJUSTMENTS State Contribution to the Total EPS Allocation State Contribution is the Difference Between the Local Contribution and the Total EPS Allocation. $5,788,991.63 - $1,573,560 = $4,215,431.63 State Contribution to the Total EPS Allocation State Contribution is the Difference Between the Local Contribution and the Total EPS Allocation. $5,788,991.63 - $1,573,560 = $4,215,431.63